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Managed Rates Administration: UK Notification Effective 1st December 2022

marketa_c
0 0 46

Dear administrator,

The HMRC in UK has recently advised of a change to the Company Car Fuel reimbursement rates this time only for Electric cars, effective Dec 01, 2022.


Details can be found on:

https://www.gov.uk/guidance/advisory-fuel-rates

Summary of changes:

HMRC Advisory Fuel Rates for business mileage from 01 December 2022

Engine size

Petrol

LPG

Engine size

Diesel

1400cc or less

14p

10p

1600cc or less

14p

1401cc to 2000cc

17p

12p

1601cc to 2000cc

17p

Over 2000cc

26p

18p

Over 2000cc

22p

Advisory Electricity Rate: The Advisory Electricity Rate for fully electric cars increases to 8 pence per mile.

Hybrid cars are treated as either petrol or diesel cars for advisory fuel rates.

Note: Please disregard these updates/changes if they do not apply to your SAP Concur configuration. Otherwise please raise a Support case for MRA Team (Steps here)

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